Investing

Top Analyst Upgrades & Downgrades (AMGN, AAPL, CAP, DFS, NDRO, ITMN, LLTC, ERIC, M, MTOR, NTRS, OCN, RIMM, SCCO)

Source: Jon Ogg
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning.

Amgen Inc. (NASDAQ: AMGN) Raised to Neutral with $57.00 price target objective by Goldman Sachs.
Apple Inc. (NASDAQ: AAPL) was given an outrageous prediction as a possibility of a 50% correction by Saxo Bank.
CAI International Inc. (NYSE: CAP) named as the value stock of the day at Zacks Investment Research.
Discover Financial Services (NYSE: DFS) Raised to Buy at Stifel Nicolaus.
Enduro Royalty Trust (NYSE: NDRO) Started as Outperform at Keefe Bruyette & Woods.
InterMune Inc. (NASDAQ: ITMN) maintained Outperform at Credit Suisse after yesterday’s weakness but the report noted “We would NOT be buyers on weakness right now.” Also on InterMune, Canaccord Genuity reiterated a Buy rating but lowered its price target to $23.00 per share.
Linear Technology Corporation (NASDAQ: LLTC) Raised to Outperform from Perform at Oppenheimer.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Cut to Neutral at UBS.
Macy’s, Inc. (NYSE: M) named as Bull of the Day at Zacks Investment Research.
Meritor, Inc. (NASDAQ: MTOR) Maintained as Underperform and named the Bear of the Day at Zacks Investment Research.
Northern Trust Corporation (NASDAQ: NTRS) Started as Market Perform at Wells Fargo.
Ocwen Financial Corp. (NYSE: OCN) Started as Buy with a $16.50 price target objective at Bank of America Merrill Lynch.
Research in Motion Limited (NASDAQ: RIMM) Cut to Market Perform at BMO Capital Markets; maintained Hold at Needham; maintained Neutral at Credit Suisse; Lower target by Deutsche Bank; maintained Hold and lowered target to $15 at Canaccord Genuity.
Southern Copper Corporation (NYSE: SCCO) resumed with an Equal Weight rating and a $35.00 price target objective at Morgan Stanley.


JON C. OGG

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